EVENING 5: Five things you need to know today

EVENING 5: Five things you need to know today
-A +A

EVENING 5: KLK offers RM1.53bil for IJM Plantations

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Kuala Lumpur Kepong offers to buy IJM Corp’s 56.2% stake in IJM Plantations for RM1.53 billion or RM3.10 per share.

2. Top Glove Corp sees 3Q earnings fall 29% q-o-q on lower average selling prices and sales volume.

3. In Covid-19-related news, fresh infections number 6,239 while deliveries of the made-in-Thailand AstraZeneca vaccines are expected to be delayed.

4. An industry report says last year was the worst period for retailers in Malaysia since 1987.

5. MIDA says it approved RM80.6 billion of investments in the manufacturing, services and primary sectors in 1Q.